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Posted in Credit Cards
Paying on your credit card multiple times monthly
Does paying on a credit card balance weekly or bi weekly, even when the minimum balance due has already been paid for the month effect your credit score?
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EllenBella

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Re: Paying multiple times
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Probably not.  The bank will send a snapshot of your account to the credit bureau once a month.  If you pay your balance in full, but split it out over two payments, the snapshot reported to the credit bureau may not reflect a full payment, depending on timing.  But there isn't a way to report multile payments a month. 

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Response by
emack17

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I spoke with a rep from Capital One who told me that paying on your credit card as you put charges on it was a good idea and would help to build a score faster.

I am not sure if this is 100% true or not; I'm just passing information along.

Response by
Lamarness

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